Search for: "Federal Home Loan Mortgage Corporation "
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19 Aug 2019, 7:56 pm
Puckett used straw purchasers and fraudulent applications to induce mortgage companies to finance purchase of multiple luxury homes, to the tune of $5 million. [read post]
19 Aug 2019, 2:28 pm
In the “average” consumer bankruptcy, where the majority of debt comes from credit cards and a home or auto loan, establishing a repayment plan is straightforward. [read post]
5 Aug 2019, 5:12 am
Of course, if that doesn’t provide sufficient funds to wipe out the loan, they can then sue you for the remainder of the loan balance. [read post]
5 Aug 2019, 5:12 am
Ask For A Car Loan Modification If you can see that you’re having trouble paying your car loan avoid a future repossession by asking for a modification of your car loan before you fall behind on payments. [read post]
1 Jul 2019, 11:27 am
The government reduced its payment rates this year by about 4 percent per enrollee because of changes in federal laws passed in 2006 and 2008, according to the Centers for Medicare and Medicaid Services. [read post]
10 Jun 2019, 2:05 pm
On June 3, the Federal Housing Finance Agency (FHFA), as conservator for the Federal Home Loan Mortgage Corporation (Freddie Mac), filed a lawsuit in the United States District Court for the Southern District of New York against Wells Fargo Securities, LLC (Wells Fargo) (as successor to Wachovia Capital Markets, LLC (Wachovia)), alleging a violation of Section 11 of the Securities Act. [read post]
1 Jun 2019, 10:21 am
Morgan has financed these projects using four primary sources of capital: sales of securities directly to retail investors, on which this action focuses; institutional mortgage loan financing, where the loans are then typically securitized as part of commercial mortgage-backed securities issued by either government-sponsored entities such as The Federal Home Loan Mortgage Corporation (Freddie Mac) or private… [read post]
11 May 2019, 10:59 pm
A person may inherit the note from a parent, or they may feel obliged to make a loan to a child purchasing their first home. [read post]
3 May 2019, 10:07 am
It also reported that there is an increase in “riskier consumer-backed debt” in Canada, with the debt in recent deals being backed by a variety of assets including mortgages on the stores of junk-rated retailers, consumer loans (charging interest rates of up to 40 per cent) and home equity lines of credit. [read post]
1 May 2019, 9:01 am
It may stop foreclosure.In most cases, the automatic stay will postpone proceedings if your home mortgage is at risk of foreclosure. [read post]
1 May 2019, 7:30 am
Tax lawyer Bill Purdy and I shared a client with a small interest in a failed corporation with a huge SBA loan. [read post]
12 Apr 2019, 2:35 pm
The debtor and her husband subsequently filed a joint federal tax return. [read post]
27 Mar 2019, 3:35 pm
Property Taxes and Bankruptcy Many debtors behind on both their mortgage and property taxes wonder if bankruptcy can be used to stop a property tax sale of their home. [read post]
25 Feb 2019, 5:43 am
Local, state, and federal governments should also ensure that residents are protected from retaliation, discrimination by corporate investors, fraudulent or exploitative lease terms, and corporate community owners serving as exclusive real estate agents controlling a homeowner’s right to sell his or her home, the report advised. [read post]
28 Jan 2019, 2:30 am
Of these, Arizona, California, Minnesota, and Virginia conform to outdated versions of the IRC for both individual and corporate tax purposes, while Massachusetts has failed to update only its individual income tax conformity, and Florida and New Hampshire are out of date for corporate tax purposes. [read post]
3 Jan 2019, 3:45 pm
Can I still deduct mortgage interest and real estate taxes paid on a second home? [read post]
1 Jan 2019, 5:10 pm
https://www.justice.gov/opa/pr/amerisourcebergen-corporation-agrees-pay-625-million-resolve-allegations-it-illegally. [read post]
31 Dec 2018, 8:03 am
The history of this case is straightforward: In 2007, Dennis Obduskey mortgaged his Colorado home to Magnus Financial Corporation. [read post]
25 Dec 2018, 3:00 am
The very same Judge Posner who just happened to write a book (actually serveral) on the plight of pro-se litigants, after stepping down from the federal bench, not to mention having opened a center which he callsPosner Center for Justice for ProSes Hopefully, one day Discover Bank will discover whose aid it sought in its unworthy effort to suppress an appeal on the merits by an out-of-luck defendant who couldn't afford a lawyer.Here is the Dallas COA's diagnosis of how pro-se… [read post]
3 Dec 2018, 9:02 am
While baby boomers' housing wealth was decimated by foreclosures and increasing mortgage debt, millennials piled on student loan debt, closing the door to home buying and asset building. [read post]
